Overseas Stock Markets Slide
As Investors Worry About Scandal

LONDON -- From Singapore to Switzerland, investors seized any pretext to dump stocks in another day of heavy selling.

Concerns about the impact of more damaging material in the Clinton White House scandal, slow progress on a pact to clean up Japanese banks, and yet another earnings warning by a major European company, EMI Group , all weighed on global markets. Declines ranged from 2.8% in Japan to a milder 1.3% in London but a steep...